ACTIVITY TITLE
Romania - UcFin II
Reported by
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
Planned start date 2020-12-18
Planned end date 2025-11-17
Actual start date 2020-12-18
Actual end date 2025-11-18
activity status: Finalisation
Physical activity is complete or the final disbursement has been made, but the activity remains open pending financial sign off or M&E
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
Funding Multilateral
UNICREDIT CONSUMER FINANCING IFN SA
Implementing Private Sector
General
Provision of a senior loan to UniCredit Consumer Financing IFN SA ("UCFIN") in the amount of up to RON 72.6 million (or c. EUR 15 million equivalent) under the Green Economy Finance Facility ("GEFF") focusing on financing green investments in the residential sector in Romania. The financing would be used for on-lending to eligible sub-borrowers for investments in energy and resource efficiency measures in the residential buildings. The GEFF transaction will support investments in high-performance green technologies, materials and solutions undertaken in privately owned residential dwellings or buildings ("Sub-projects"). Sub-projects will be selected according to technical and financial eligibility criteria set forth in the Policy Statement for GEFF-Romania. 100% of the use of proceeds will be related to Green Economy Transition ("GET") investments.
recipient country ( 1 )
RomaniaRO
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
ROMANIA
ID 798549 (Geonames)
44.43225 26.10626 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Formal sector financial intermediaries24030
100
GLOSSARY
Formal sector financial intermediariesAll formal sector financial intermediaries; credit lines; insurance, leasing, venture capital, etc. (except when focused on only one sector).
Financial Overview
Outgoing Commitment ( 1 )
Outgoing Commitment
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2020-12-18
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
UNICREDIT CONSUMER FINANCING IFN SA
10,435,464.89
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
Provision of a senior loan to UniCredit Consumer Financing IFN SA ("UCFIN") in the amount of up to RON 72.6 million (or c. EUR 15 million equivalent) under the Green Economy Finance Facility ("GEFF") focusing on financing green investments in the residential sector in Romania. The financing would be used for on-lending to eligible sub-borrowers for investments in energy and resource efficiency measures in the residential buildings. The GEFF transaction will support investments in high-performance green technologies, materials and solutions undertaken in privately owned residential dwellings or buildings ("Sub-projects"). Sub-projects will be selected according to technical and financial eligibility criteria set forth in the Policy Statement for GEFF-Romania. 100% of the use of proceeds will be related to Green Economy Transition ("GET") investments. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/51899
Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient